Fri, 20 Jan 2017 | COMMERCIAL PROPERTY
No 4 St Paul’s Square, one of Liverpool’s most significant commercial office developments, has been put up for sale by the English Cities Fund for £23.3 million, it has been reported.
A flagship site in Liverpool’s commercial district, No 4 is an eight-storey grade A office building covering 109,000 sq ft and Merseyside’s first BREEAM building - the rating that reflects the environmental efficiency of buildings.
According to Place North West, agents GVA have been appointed to handle the sale of the site, which has an annual rental income of £1,932,938. Rental guarantees of two years are being offered on the vacant space within the building.
No 4’s tenants include Santander and CBRE, but the building is still less than 60 per cent let, including the whole of the second and fifth floors.
Gurminder Manak, director of investment at GVA, was quoted as saying: “GVA has been instructed to explore a potential disposal of 4 St Paul’s Square.
“A number of parties have expressed an interest, which is not surprising given that it represents the best in class office building and business environment in Liverpool.”
Find commercial property for sale.
Designs and manufactures high-performance rail electrical products and cable accessories. Caters to major rail, underground and tramway infrastructure projects throughout the UK, Ireland and Europe. Offers invited.
LEASEHOLD
Provides pallet pre-loading, storage and haulage on a 24/6 basis, as well as an array of complementary warehousing services. Bountiful asset list which includes 20 company trucks. Offers invited.
LEASEHOLD
Fantastic opportunity to acquire extensive and well maintained estate held on long secure renewable lease. Offers invited.
LEASEHOLD
|
26
|
|
Jun
|
'All options' being explored for collapsed Welsh cheese maker | ADMINISTRATION
A cheese-making factory in Snowdonia has collapsed into admi...
|
25
|
|
Jun
|
Port Talbot construction business enters administration | ADMINISTRATION
A construction company based in Port Talbot has fallen into ...
|
24
|
|
Jun
|
Digital account provider snapped up by Morses Club | BUSINESS SALE
Sheffield-based U Holdings Limited, which trades under the n...
Sign up to receive our acquisition alert emails to get your FREE guide
|
26
|
|
Jun
|
'All options' being explored for collapsed Welsh cheese maker | ADMINISTRATION
A cheese-making factory in Snowdonia has collapsed into admi...
|
25
|
|
Jun
|
Port Talbot construction business enters administration | ADMINISTRATION
A construction company based in Port Talbot has fallen into ...
|
24
|
|
Jun
|
Digital account provider snapped up by Morses Club | BUSINESS SALE
Sheffield-based U Holdings Limited, which trades under the n...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources